Question:
For non-cdl hot shot trucking, what is a good average price per loaded mile I should figure when investigating this business model? Is $1.60 loaded mile too high? Too low? Assume I get halfway decent at combining loads up to 10k#.
Context:
Right now, for the months of June-Sept and Jan, Feb, I have (5) 3/4 and 1 ton diesel trucks and 10 people looking for full-time work. Since my primary business is seasonal, I want to keep my employees hired full-time and help offset my truck payments during those months. The guys I have hired are already used to being on the road for a week at a time. It seems to me that non-cdl trucking during those months would be a great way to make a little cash while giving my guys full-time employment. My business will grow to the point, in one year, where I will be wanting to keep 20 truck busy during those months. Will the market absorb that many trucks so I can keep getting loads? I reside in Wolcott, IN.